HEG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HEG Limited has submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026, reviewed by Jain Viney & Associates. The report identifies two compliance issues: First, three Promoter Group members (Mr. Nivedan Churiwal, Ms. Shubha Churiwal, and Ms. Sudha Churiwal) traded in company shares without obtaining required pre-clearance and made delayed disclosures, violating SEBI Insider Trading Regulations. Second, a prior non-compliance under Regulation 17(1A) regarding appointment of a director aged over 75 years resulted in fines of Rs. 1,01,480 each from BSE and NSE, which the company paid in July 2025. The company has taken corrective actions including show cause notices, disclosure submissions, share disposal directions, and disgorgement of trading proceeds to SEBI's Investor Protection and Education Fund.
The insider trading violation by promoter group members and past regulatory fine highlight governance gaps, though the company's prompt corrective actions and disgorgement of proceeds may limit reputational damage. Shareholders should monitor for any further regulatory actions from SEBI.